Singapore  Singapore

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Listing Id: 29229 Last Refreshed: 31/08/2023 Total Views: 1109

(Expired)Recruitment Agency / Consulting Company For Sale

Central AreaRecruitment Agencies
Asking Price: S$25,000(Neg.)
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type Office Building
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Relocated overseas

Description

Hi there, I’m the owner of the Company, an executive search Employment Agency (a MOM-registered EA). I recently moved away from Singapore and I’m looking to sell the business. This is the ideal set up for anyone who wants to hit the ground running and avoid the time and cost it takes to build a fully functioning, professional looking ten year old recruitment agency from scratch.

Here is the key information about the company and what you’ll be getting from the deal:
Fully working setup including company website, social media presence, professional email and domains.

Social media pages with around 6.6k followers on Facebook, documentation templates such as email outreach, T&Cs, invoices, company brochures, candidate management and interview guides, advertising channels and subscriptions to online portals (such as FastJobs), logos, letterheads, business cards, email signatures etc.

Balance FastJobs credit for 74 job postings included in the price. Not every EA can gain access to FastJobs’ ecosystem as they control their ecosystem, we waited and managed relationship for few years before eventually admitted into their ecosystem.

Fully registered Singapore office-based Company equipped with virtual office with mailing, phone reception services and physical office receptionist in Gateway building on Beach Rd.

No existing full time staff members in the business, and a ready-to-work-with team of outsourced services and freelancers that have been built up and worked well with. They include local business development, researchers, marketing and SEO, cloud website and tech support, EA runners stationed locally and more.

The company has specialised in retail and hospitality related recruitment at the junior to mid-level. It has received many enquiries to handle mass recruitment for factory, construction but due to my time constraint, I mostly took recruitment for Singaporean/PR only, although the licence allows recruitment of all type (maids, construction workers, CEO, local and non-local).

Although the Company has been dormant since I moved overseas early 2023, it has received steady enquiries for potential client due to the Company’s solid presence in the industry. The current website and branding reflect this but could also be easily repositioned to change or expand into different specialisms.

No debts or liabilities and a clean 10-year EA licence history with no demerit points.

No office lease or any other fixed payments contracts to take on. Enjoy the freedom and flexibility to customise and build on the setup as you want to. Recurring expenses have been kept low due to cloud services, virtual office and outsourcing arrangement.

Guidance and support can be provided for the first 3 months.

This is an ideal set up for someone ready to take on and grow their own credible EA, or for an already established firm who wants to expand their operations into Singapore, or someone who is looking for side hustle at your own pace and convenient time.

Buyers please note: An EA licence need the new owner to pass the EA licencing registration, reapply for an KAH licence, and pay the security deposit required.

If you would like to know more or have any questions, please PM me for further details. Referrals are also welcome. Hope to speak to you soon!



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